Sumitomo Mitsui Financial Group (NYSE:SMFG) Releases FY 2026 Earnings Guidance

Sumitomo Mitsui Financial Group (NYSE:SMFG) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.842-0.842 for the period, compared to the consensus earnings per share estimate of 1.520. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Weiss Ratings raised Sumitomo Mitsui Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, July 1st. Zacks Research upgraded Sumitomo Mitsui Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, Sumitomo Mitsui Financial Group has an average rating of “Strong Buy”.

Sumitomo Mitsui Financial Group Trading Up 0.6%

SMFG opened at $25.93 on Friday. The stock has a market capitalization of $165.41 billion, a P/E ratio of 18.01, a P/E/G ratio of 0.99 and a beta of 0.42. Sumitomo Mitsui Financial Group has a 12 month low of $14.92 and a 12 month high of $26.67. The firm’s fifty day simple moving average is $24.46 and its 200 day simple moving average is $22.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.48.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its earnings results on Tuesday, June 30th. The bank reported $0.49 earnings per share for the quarter. The firm had revenue of $8.71 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 15.68% and a return on equity of 10.19%. As a group, research analysts anticipate that Sumitomo Mitsui Financial Group will post 1.86 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC lifted its stake in Sumitomo Mitsui Financial Group by 43.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 32,398 shares of the bank’s stock valued at $490,000 after acquiring an additional 9,876 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of Sumitomo Mitsui Financial Group by 223.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 8,884 shares of the bank’s stock worth $172,000 after acquiring an additional 6,140 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of Sumitomo Mitsui Financial Group during the 2nd quarter worth approximately $168,000. Aquatic Capital Management LLC bought a new position in shares of Sumitomo Mitsui Financial Group during the 3rd quarter worth approximately $61,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Sumitomo Mitsui Financial Group by 27.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,926 shares of the bank’s stock valued at $57,000 after purchasing an additional 628 shares during the last quarter. 3.85% of the stock is currently owned by institutional investors.

About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc (SMFG) is a Tokyo-based financial holding company that provides a broad range of banking and financial services through a network of domestic and international subsidiaries. Established in 2002 as a holding company for the Sumitomo Mitsui banking operations, SMFG’s core banking business is conducted primarily through its main operating bank, Sumitomo Mitsui Banking Corporation (SMBC), alongside other affiliates covering trust banking, securities, leasing and consumer finance.

The group’s product and service mix spans corporate and commercial banking, retail deposit and loan services, trade and project finance, cash management, syndicated lending, foreign exchange and treasury services, and capital markets and investment banking activities through its securities arm.